Welcome!

@ThingsExpo Authors: Elizabeth White, Zakia Bouachraoui, Pat Romanski, Liz McMillan, Yeshim Deniz

News Feed Item

GOWEX and Cisco Announce Global Strategic Relationship to Boost Smart Wi-Fi Connectivity Solutions for Cities

MADRID, SPAIN -- (Marketwired) -- 06/18/14 -- Cisco (NASDAQ: CSCO)

  • This strategic relationship will help build out new Wireless Smart Cities projects in the major world regions in coming years.
  • Using high-quality wireless technology and innovative business models, both companies will change the way cities offer Wi-Fi and IoE (Internet of Everything) solutions.
  • For the first project under the new initiative, GOWEX and Cisco will work with the Wireless Smart City "Dubai Airport Freezone Authority (DAFZA)", to provide the necessary infrastructure for smart services and M2M communications.

GOWEX (GOW-MAB, NYSE Alternext ALGOW, LGWXY OTC Market), the leader in creating Wireless Smart Cities, and Cisco announced today that the two companies will promote a comprehensive smart Wi-Fi connectivity solution for cities and their citizens. GOWEX will become a Cisco® Smart+Connected Communities™ (S+CC) global strategic partner.

"We are pleased to announce Cisco's participation in the GOWEX project, which will boost the company towards its goal of bringing a free and smart Wi-Fi connection to 600 cities by 2018. We will position ourselves together as a global Internet reference for cities wishing to offer free Wi-Fi connection and smart services to its citizens and visitors," says Jenaro García, GOWEX CEO. This collaborative approach will significantly increase GOWEX's current pipeline of city projects in different stages of negotiation, which is almost double since 2013.

This strategic relationship will further the efforts of new Smart Cities projects in the major world regions in the coming years. In addition, it will allow for faster development on a combined smart Wi-Fi connectivity solution, to generate significant business opportunities.

"More than 50 percent of people live in urban areas today, and Smart Cities worldwide are competing for sustainable, economic and social urban services now as their populations rise rapidly," said Wim Elfrink, Cisco's EVP of industry solutions and Chief Globalisation Officer. "Cisco's strategic relationship with GOWEX creates a powerful framework for an end-to-end, Internet of Everything solution for urban services. The combination of proven network infrastructure and critical applications not only can optimize all types of urban services but also provide citizens with a better, more connected quality of life."

Global Smart City solution

The combination of the Cisco Internet of Everything ecosystem, and innovative business models, provided by GOWEX, will create a more efficient and effective urban services offer to improve quality of life for citizens. This new model can then help influence the way cities enable Wi-Fi and IoE (Internet of Everything) solutions through various S+CC deployments (such as smart transport and parking, urban safety, traffic management, and smart tourism).

GOWEX brings a model of differentiation and an attractive business for cities that can provide Wi-Fi and intelligent geo-located mobile content services for free, under a sustainable model that is already operating successfully in more than 90 cities worldwide. The company's model of monetization is based on multi-year commercial exploitation contracts, with a revenue income resulting from hosting services such as the geo-located advertising platform, the roaming and offloading platform, and the Wireless Smart Cities platform.

Through this agreement, GOWEX will widen its global presence in vertical markets (retail, sports and entertainment, etc.). The first Smart Cities project under the new collaboration is being deployed at "Dubai Airport Freezone Authority (DAFZA)." For this project, Cisco has provided the necessary infrastructure to provide M2M communications and smart services to its citizens and workers.

About GOWEX

GOWEX (GOW-MAB, ALGOW-NYSE Alternext, LGWXY-OTC Market) has operated in the telecommunications sector for 15 years. The Company is currently leading the creation of Wireless Smart Cities, offering free and premium Wi-Fi connectivity in streets, public spaces, public transport and stations. GOWEX is now exporting its innovative business models to more than 90 cities in the world, thanks to different agreements with Public Administrations, Franchise, Associations and Transport companies. Big capital cities like Paris, New York, Dublin, Madrid, Edinburgh, Dubai or San Francisco are enjoying GOWEX services in its streets.

The company works to create Wireless Smart Cities ® (WiFi Smart Cities), offering free WiFi access to citizens, improving the services given through wireless connectivity: online meter reading, traffic light control, public transport fleet management, video surveillance and so on.

In 2010, GOWEX became the first and only Spanish SME making a "dual listing," publicly traded in MAB (GOW) and NYSE-Alternext (ALGOW). The company's total revenue amounted to EUR 183 million in 2013, a 60% more compared to 2012. In December 2012, GOWEX subscribed a EUR 18 million capital, adding 1,528,404 new common shares to the market. In February 2012, the Securities and Exchange Commission (SEC) approved the emission of the ADR's program (American Depositary Receipt) allowing the Group to be quoted in the USA's market OTCQX.

Having offices in Madrid, Paris, Dubai, London, Buenos Aires, Shanghai and Costa Rica, GOWEX develops a sustainable business model in its WiFi networks, based on the efficient and technical quality of their patented platforms: the Roaming Platform, which allows users to connect freely in GOWEX's cities, and the Geolocated Content and Advertisement Platform, which provide financing system through marketing and advertisement agreements.

In 2011, GOWEX joined the Wireless Broadband Alliance and received a prize for being the "Best Company" on the Internet Day. In 2013, the company was rewarded as "Best New listed Company" in the first edition of the " European Small *Mid-Cap Awards".

RSS Feed for Cisco: http://newsroom.cisco.com/rss-feeds

About Cisco

Cisco (NASDAQ: CSCO) is the worldwide leader in IT that helps companies seize the opportunities of tomorrow by proving that amazing things can happen when you connect the previously unconnected. For ongoing news, please go to http://thenetwork.cisco.com

Cisco Media Contact:

Sarah Rich
[email protected]
530-521-2485

GOWEX Media Contact:

David Villafruela Ordurla
PR and Communications Manager
+34 635 58 16 53
[email protected]

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

IoT & Smart Cities Stories
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
Dynatrace is an application performance management software company with products for the information technology departments and digital business owners of medium and large businesses. Building the Future of Monitoring with Artificial Intelligence. Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more busine...
Nicolas Fierro is CEO of MIMIR Blockchain Solutions. He is a programmer, technologist, and operations dev who has worked with Ethereum and blockchain since 2014. His knowledge in blockchain dates to when he performed dev ops services to the Ethereum Foundation as one the privileged few developers to work with the original core team in Switzerland.
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
Whenever a new technology hits the high points of hype, everyone starts talking about it like it will solve all their business problems. Blockchain is one of those technologies. According to Gartner's latest report on the hype cycle of emerging technologies, blockchain has just passed the peak of their hype cycle curve. If you read the news articles about it, one would think it has taken over the technology world. No disruptive technology is without its challenges and potential impediments t...
If a machine can invent, does this mean the end of the patent system as we know it? The patent system, both in the US and Europe, allows companies to protect their inventions and helps foster innovation. However, Artificial Intelligence (AI) could be set to disrupt the patent system as we know it. This talk will examine how AI may change the patent landscape in the years to come. Furthermore, ways in which companies can best protect their AI related inventions will be examined from both a US and...
Bill Schmarzo, Tech Chair of "Big Data | Analytics" of upcoming CloudEXPO | DXWorldEXPO New York (November 12-13, 2018, New York City) today announced the outline and schedule of the track. "The track has been designed in experience/degree order," said Schmarzo. "So, that folks who attend the entire track can leave the conference with some of the skills necessary to get their work done when they get back to their offices. It actually ties back to some work that I'm doing at the University of San...
When talking IoT we often focus on the devices, the sensors, the hardware itself. The new smart appliances, the new smart or self-driving cars (which are amalgamations of many ‘things'). When we are looking at the world of IoT, we should take a step back, look at the big picture. What value are these devices providing. IoT is not about the devices, its about the data consumed and generated. The devices are tools, mechanisms, conduits. This paper discusses the considerations when dealing with the...
Bill Schmarzo, author of "Big Data: Understanding How Data Powers Big Business" and "Big Data MBA: Driving Business Strategies with Data Science," is responsible for setting the strategy and defining the Big Data service offerings and capabilities for EMC Global Services Big Data Practice. As the CTO for the Big Data Practice, he is responsible for working with organizations to help them identify where and how to start their big data journeys. He's written several white papers, is an avid blogge...